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Greenlight Capital Shames Wall Street Journal For Making Stuff Up

Remember that story a few months back in the Wall Street Journal, about the hedge fund “idea dinner” that insinuated a bunch of managers got together to break bread while plotting to take down the Euro? David Einhorn and the Greenlight team do! They’ve been discussing it amongst themselves for a while, and today it made their latest quarterly letter. What’d they think of the piece? Well, reporting the actual facts instead of pulling them out of the reporter’s ass would’ve improved things slightly. Apparently the Journal got a whole bunch of stuff wrong and now the responsible parties are going to pay. Sorry, kids. Sometimes the nicest hedge fund manager in the world just has to cut a bitch. Sayeth DE and Co:

Greenlight Capital Quarterly Letter [PDF]

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63 Responses to “Greenlight Capital Shames Wall Street Journal For Making Stuff Up”

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    how do you like me NOW Susan Pulliam??

    -DE

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    it’s on like donkey kong

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    They’re the ones who keep the Martians down.

  4. CoveredLong says:

    He didn’t talk about gold or inflation because he spent his time detailing the multiple benefits of a semi bluff from early position with a gut shot on the table and unsuited connectors in your hand….all I could think about was how freaking bad I wanted a double down.

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  5. Anonymous says:

    this made me chuckle

  6. Bess Levin says:

    @5 the best part is the segue from ripping the WSJ a new asshole to ‘yay for babies and iPads!’

  7. Anonymous says:

    “…..Well, reporting the actual facts instead of pulling them out of the reporter’s ass would’ve improved things slightly…..”

    Genius!

    ~The Ghost of Hunter Thompson

  8. Anonymous says:

    I liked the baby segue also. Though it did seem a bit boastful.

    Yeah I, and all my homies, can afford to buy my baby a $600 toy that will surely insta-break. Bet you can’t do that WSJ journalists.

  9. Anonymous says:

    this WSJ article smells like a Kouwe piece

  10. Einhorny says:

    I love David Einhorn.

  11. Anonymous says:

    Who says you need billions of dollars to corner the market in euros?

    I did it yesterday after staying in a holiday inn express

  12. Jimmy says:

    @11 comedy gold.

  13. Josh says:

    Bess, keep up the good PR work. Maybe Einhorn will hire you one day. And why not? The receptionist at Greenlight probably makes more $ than you do.

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